Franklin Bitcoin ETF (NYSEARCA:EZBC) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its stake in Franklin Bitcoin ETF (NYSEARCA:EZBC) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,469 shares of the company’s stock after selling 290 shares during the quarter. Franklin Resources Inc.’s holdings in Franklin Bitcoin ETF were worth $2,841,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC boosted its stake in shares of Franklin Bitcoin ETF by 399.7% during the 4th quarter. LPL Financial LLC now owns 119,153 shares of the company’s stock worth $6,452,000 after acquiring an additional 95,309 shares in the last quarter. First Financial Group Corp acquired a new position in shares of Franklin Bitcoin ETF in the 4th quarter valued at $224,000. Flynn Zito Capital Management LLC purchased a new position in Franklin Bitcoin ETF in the 4th quarter worth about $262,000. Wealthspire Advisors LLC acquired a new stake in Franklin Bitcoin ETF during the 4th quarter worth about $1,151,000. Finally, Private Advisor Group LLC lifted its stake in Franklin Bitcoin ETF by 32.1% during the fourth quarter. Private Advisor Group LLC now owns 8,039 shares of the company’s stock valued at $435,000 after buying an additional 1,954 shares in the last quarter.

Franklin Bitcoin ETF Stock Performance

Shares of NYSEARCA:EZBC opened at $48.57 on Friday. Franklin Bitcoin ETF has a 52 week low of $28.72 and a 52 week high of $62.83. The firm has a 50 day simple moving average of $50.66 and a 200 day simple moving average of $50.62.

Franklin Bitcoin ETF Profile

The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.